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US: Wall Street opens lower on virus woes

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Wall Street opened lower on Tuesday following a mixed bag of quarterly earnings from US lenders and simmering tensions between Washington and Beijing, while new coronavirus restrictions in California hit tech stocks for a second straight day.

[NEW YORK] Wall Street opened lower on Tuesday following a mixed bag of quarterly earnings from US lenders and simmering tensions between Washington and Beijing, while new coronavirus restrictions in California hit tech stocks for a second straight day.

The Dow Jones Industrial Average fell 41.63 points, or 0.16 per cent, at the open to 26,044.17.

The S&P 500 opened lower by 14.11 points, or 0.45 per cent, at 3,141.11, while the Nasdaq Composite dropped 80.59 points, or 0.78 per cent, to 10,310.25 at the opening bell. 

REUTERS

 

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